Bloomberg China’s high-tech industries are among sectors poised to gain from a fresh round of tax cuts, just as US President Donald Trump weighs tariffs to penalise them. The value-added tax on manufacturing will be cut to 16 percent from 17 percent starting on May 1 while the rate on transportation, construction, and telecommunications services will be lowered to 10 ...

Bloomberg Toyota Motor Corp. and Suzuki Motor Corp. agreed to sell each other’s hybrid cars and other vehicles in India, deepening an alliance between the companies. Toyota will supply the Corolla to Suzuki, which in turn will make the Baleno and Vitara Brezza models available for Toyota, the companies said in a statement. The timing and number of supplied units, ...

Bloomberg China will launch a pilot programme aimed at luring innovative companies back to the mainland equity market, loosening listing rules for certain firms and offering its own form of depositary receipts. Companies that meet the following criteria will be eligible for the pilot, the State Council, China’s cabinet, said in a statement posted on its website. Firms that have ...